Lot 297
1838. Stars, No Drapery. PCGS graded MS-68 PQ. A frosty white gem. Beginning at the Philadelphia Mint in 1838 and continuing through November 1840, working dies for the Seated Half Dime were sunk from the No Stars hub of 1837. The 13 stars weren’t part of the hub and therefore had to be hand-punched into the working dies around the obverse border. This type with Liberty's portrait style of 1837 and 13 obverse stars is known as the "No Drapery." Production lasted only three calendar years. The first-year 1838, therefore, enjoys great collector demand, more so than one might initially suspect for an issue that is among the more available dates in the early Seated Half Dime series. This traces to its use in Type Sets as the first year of issue.
For the type collector who will accept nothing less than the finest for his/her collection, we are proud to present this utterly fantastic pure white Gem No Drapery Half Dime. The obverse and reverse resonate their satiny glow across all surfaces, reaching their brilliance into the deepest design recesses. Full mint luster is seen throughout, and the strike is pretty much razor-sharp. Blemish-free, this coin is among the finest offered 1838 No Drapery Half Dimes of both varieties known to the two major grading services. Pop 2; 1 finer in 68+ (PCGS # 4317) .
Estimated Value $30,000-UP.
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| Realized $35,250 |
